Lower peak on EWO (marked by magenta line) makes (in EWO Terms) a new 3.  Looking for a pullback in the near term. Trigger line crosses on all key indicators with the exception of RSI(5) but very close. Like the dollar I don’t think we’ll get the normal 38.2% pullback, 23% more likely… or we might just close this mornings gap…. Once (iv) completes we can determine a more accurate target for the end of this Minor 3.

0717_GDXEOD